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Tiny Computer's HQ in Surrey is to shut in May with the loss of up to 320 jobs. Staff were told of the closure late yesterday afternoon.

A spokesman for Time confirmed that the office would shut but said that at this stage it was too early to say exactly how many jobs would be lost.

No redundancies have been announced as yet and the company is currently engaged in a consultation process.

However, Time's acquisition of Tiny earlier this week will lead to the creation of some new jobs and that these positions would be made available to those willing to relocate to Time's HQ in Burnley, according to the Time spokesman.

But staff at Tiny have told The Register that they hold out little hope for the future.

One insider said: "Yesterday an entire department walked out in disgust, and many other individual employees are too upset for words, packing their things into cardboard boxes and walking out of the building in tears." ®